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Financial Aid:
Policies

Financial Aid Probation

If a student fails to meet the standards outlined, that student will be placed on financial aid probation for the next semester. During that semester, the student will still be eligible to receive financial aid. The student will receive written notification regarding the terms of the probation and a copy will be sent to the student’s academic advisor. After the probationary period, the student’s progress will be evaluated, and the following will result:

  1. If the student has met the minimum standards of satisfactory academic progress, the student is considered to be in good standing.
  2. If the student has not met the minimum standards of satisfactory academic progress, the student is placed on financial aid suspension.

Applicants who are incarcerated, and students who become incarcerated, must immediately report this information to the financial aid office.

For more information, visit www.chamberlain.edu/financialaid.

Financial Aid Suspension

If a student is placed on financial aid suspension,
the student will be ineligible to receive financial aid. Written notification of the terms of the suspension will be sent to the student and to the student’s academic advisor. Although the student is placed on suspension, the student may still be able to attend Chamberlain College of Nursing under certain conditions. A student is placed on financial aid suspension if one of the following occurs:

  1. A student does not meet the terms of financial aid probation.
  2. The student fails to meet satisfactory academic progress after two consecutive semesters.

The student will remain on financial aid suspension until one of the following occurs:

  1. The student meets the minimum standards of satisfactory academic progress as outlined above.
  2. The student’s written appeal is approved by the academic and student finance advisor or the director of student services.

FA Appeal Process

If a student is placed on financial aid probation or suspension, he/she may appeal in writing. The written appeal must be submitted to the financial aid advisor within 15 days of the notice. The appeal must include specific reasons why the student was not able to maintain satisfactory academic progress, and what the student has done to prevent the circumstances from recurring. The student must also include a written statement supporting the appeal from the student’s academic advisor. The student will receive written notification of the appeal decision from the academic and student finance advisor or the director of student services. If the appeal is approved, in the case of probation, the probation will be waived. If the appeal is approved for a suspension, the student will be placed on financial aid probation. If the appeal is denied, the student will remain on financial aid probation or suspension.

FA and Leave of Absence Policy

Federal regulations prohibit the disbursement of federal aid to a student while on a leave of absence. If a student does not enroll for the semester immediately following the leave of absence, the date of withdrawal will be the last date of attendance.

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National Management Offices
3005 Highland Parkway
Downers Grove, IL 60515
Toll Free: 888-556-8CCN (8226)
info@chamberlain.edu

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